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Reply #16: But they want the Germans to pay for it.
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CJCRANE
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Wed Oct-05-11 01:48 PM
Response to Reply #15 |
16. But they want the Germans to pay for it. |
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That's the problem with the bailouts since the beginning. The banks want someone else to pay for their mistakes.
We all know the banks and credit agencies committed fraud. They gave the wrong ratings and loaned money on a huge scale to people and institutions who could never pay it back. That is not lending money in good faith. It's a scheme to get enormous profits from the taxpayer.
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